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KW advises charging 0% to clients who sell to Offerpad

Keller Williams Realty is advising its agents to charge nothing to clients who sell to the iBuyer Offerpad and instead to only accept payment from Offerpad in the form of a 1 percent commission. Source: click here

WATCH: Why talent recruitment is the most important thing you can do

During Inman Connect Las Vegas, three brokerages shared their recruiting strategies and best practices that you can apply to your business. Source: click here

Why isn’t there more MLS consolidation? 3 benefits members could reap

With all the advantages that come with consolidations and mergers, some associations still find it difficult. But why? I’m a member of two associations that were recently on the verge of becoming one. Unfortunately, due to lack of member votes and the low member involvement, it didn’t happen. Here I offer three solid reasons associations […]

Realogy’s stock drops after discontinuation of USAA program

The company is replacing the USAA program with an in-house military rewards program, but it expects the ending of the program will have a “material impact” in 2020. Source: click here

Pending home sales fall in July, reversing 2-month trend

The National Association of Realtors (NAR) Pending Homes Sales Index – a forward-looking indicator based on contract signings – dropped 2.5 percent from June to July, reversing a two-month trend of gains. Year-over-year contract signings were down 0.3 percent. “Super-low mortgage rates have not yet consistently pulled buyers back into the market,” NAR Chief Economist […]

Redfin to publicly display buyer’s agent commissions on its listings

The online brokerage believes that displaying buyer’s agent commissions will add transparency and lead to a more efficient housing marketplace. Source: click here

IBuying giant Opendoor to begin offering home loans

IBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Austin, Houston and San Antonio, as well as in Phoenix and Tucson in Arizona. The new service is […]

Consulting firm T3 Sixty hires former NAR, Lone Wolf execs

Real estate consulting firm T3 Sixty, the company behind the influential Swanepoel Mega 1000 rankings, announced Thursday that it has hired a pair of new vice presidents who previously worked as executives at the National Association of Realtors (NAR) and tech company Lone Wolf, respectively. Mark Lesswing, formerly of NAR, and Jonathan Peterson, who previously […]

Locals, not Amazon workers, are buying property near HQ2

Amazon’s decision to open a second headquarters in northern Virginia is causing a major housing boom — but not among the people you’d suspect. As first reported by the Washington Post, local residents, along with investors, not Amazon employees, are snapping up properties near Crystal City, the neighborhood in Arlington, Virginia, that will be home […]

WATCH: To keep good agents, fire the bad ones

It’s one thing to recruit great agents, but they do you no good if you’re not able to keep them. How can you incentive top producing agents to stick around for the long term? Paul Aslanian, Director of Business Development & Co-Founder at BloomTree Realty, and Kevin Markarian of Marker Real Estate shared their advice […]

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